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ARAVALI POWER COMPANY PRIVATE LTD
(Joint Venture Agreement was signed on 14.12.2006 among NTPC Ltd,Indrapastha Power Generatuion Company Ltd.(IPGCL) and Haryana Power Generation Company Ltd.(HPGCL).The Company was Incorporated on 21.12.2006.                                                                        

OBJECTIVE:

To set up a coal-based power station of 1500MW capacity in Distt. Jhajjar, Haryana, in joint venture with IPGCL and HPGCL.

PROMOTERS'             EQUITY:

NTPC-50%, IPGCL-25%, HPGCL-25%


ONGOING PROJECTS > JHAJJAR PROJECTS....

3X500 ARAVALI SUPER THERMAL POWER PROJECT, JHAJJAR:

 

 

This Coal based Super Thermal Power Project is being Set up at Jhajjar. The Project is being executed by NTPC from concept to commissioning and subsequent Operation & Maintenance in Joint Venture with Government of Delhi and Government of Haryana. The MOU in this regard was signed between NTPC, Government of National Capital Territory (NCT), Delhi and Government of Haryana on 24.08.2006. The best efforts Commissioning Schedule of three Units under this Project is 35, 38 & 41 months. The Joint Venture Agreement for execution of this Project was signed on 14.12.2006 and the Joint Venture Company i.e. Aravali Power Company Pvt. Ltd. for execution of this Project, was formed on 21.12.2006.

(A) PROJECT HIGHLIGHTS

 

 

Installed Capacity

3 X 500 MW

Total Estimated Cost

Rs 8293.92 crore

Status of Clearances :

a) Land availability

2231 acre

b) Water availability

75 cusecs on daily basis from Jawahar Lal Nehru canal and from Jhajjar Sub Branch feeder.

c) NOC from Haryana State Pollution Control Board (HSPCB)

In process.

d) MoE&F clearance

Received on 8th Aug’07

e) Coal linkage

Coal linkage of 6.94 Million Tonne Per Annum allocated from Mahanadi Coalfields Ltd. by Ministry of Coal, Govt. of India.

Haryana’s Share

750 MW

Equity contribution

NTPC-50%, Haryana-25%, Delhi-25%.

Expected date of LOI

15.06.2007

Power Availability

180 Lac Units Per day

B) PHYSICAL PROGRESS ENDING AUGUST, 2007

 

Out of total requirement of about 2200 acres land for Plant area, possession of land of 3 villages i.e Jharli, Mohanbari & Goriya comprising of 1479 acres has been completed.

 

Site office has started functioning at project site, Jharli form 16.08.07.

 

Letter of Intent for Steam Generator and Steam Turbine awarded to M/s BHEL on 06.07.2007 and 14.07.2007 respectively by NTPC.

 

Site leveling and infrastructure package was awarded on 31.05.2007, mobilization by contractor is in progress. Construction work of approach road to site already commenced, excavation for reservoir started on 10.07.07.

 

Survey for availability of construction water and construction power has been completed. Tenders are being issued shortly for taking up the work.

 

TOP

C) FINANCIAL STATUS

 

Total Indicative estimated completed cost: Rs 8587.966 ( Rs crore). The equity participation by NTPC, IPGCL & HPGCL would be in the ratio of 50:25:25

 

#

Payment Released by HPGCL for

Amount (Rs. in lacs)

DATE

1.

Preliminary expenditure like cost of site specific studies etc.

76.21

-

2.

cost of land, development of site office, establishment expenses, infrastructure works, project establishment

7423.79

31.03.2007

3.

cost of land, development of site office, establishment expenses, infrastructure works, project establishment (due to increase in floor rates of land from 16 lacs to 20 lacs per acre)

3683.00

25.05.2007

4.

For release of advance payment to equipment suppliers.

6800.00

25.07.2007

 

Total amount released till date

17983.00

 

D) COMMISSIONING SCHEDULE

 

The commissioning schedule for the three 500 MW Units under this project shall be as under:

 

1.

500 MW Unit-I:

15.04.2010

 

2.

500 MW Unit-II:

15.06.2010.

 

3.

500 MW Unit-III:

15.08.2010.

         

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